Elegant Private Retreat on 2.62 Acres ~ 132 Schooner Lane, Mathews, VA Nestled at the end of a quiet cul-de-sac and reached by a long gravel driveway that cannot be seen from the road, this beautifully renovated home sits on 2.62 private acres, offering exceptional seclusion and modern comfort in historic Mathews County. One of Virginia’s smallest and most charming coastal communities, Mathews was established in 1791 and named for Revolutionary War officer General Thomas Mathews. With deep maritime roots as a shipbuilding and seafaring center along the Chesapeake Bay, the area continues to offer a peaceful, time-honored way of life. The home is just a minute from the East River (via nearby Put-In Creek), providing easy access to the water and Mobjack Bay. Thoughtfully updated throughout, the property features gleaming hardwood flooring in the main living areas, soft carpeting in the bedrooms, and a fresh coat of paint that creates a bright, move-in-ready feel from the moment you step inside. The renovated kitchen is a true highlight, showcasing stylish new cabinets, high-end granite countertops, and quality appliances that make everyday cooking and entertaining a pleasure. Updated bathrooms complement the refreshed interior, delivering both function and style. Additional peace of mind comes with a newer 50-year roof complete with gutters and a Generac generator for reliable backup power. The private fourth bedroom, situated over the two-car garage, offers its own new flooring and convenient half bath ~ perfect as a guest suite, home office, or quiet retreat. Step outside to a large back deck ideal for relaxing or gathering with family and friends, all while enjoying the property’s beautiful, mature landscaping. Best of all, this home does not require flood insurance. This well-maintained residence combines quality updates, practical features, generous acreage, and a truly private setting just moments from the water in one of the Middle Peninsula’s most historic and scenic location.
For sale
Price cut: $15K (8/24)
$535,000
132 Schooner Ln, Mathews, VA 23109
4beds
2,310sqft
Single Family Residence
Built in 2001
2.62 Acres Lot
$524,600 Zestimate®
$232/sqft
$17/mo HOA
What's special
Stylish new cabinetsLong gravel drivewayHigh-end granite countertopsUpdated bathroomsQuiet cul-de-sacBeautiful mature landscapingQuality appliances
- 32 days
- 1,076
- 43
Zillow last checked:
Listing updated:
Listed by:
Julia Burch 804-426-1481,
Coldwell Banker Premier 804-277-4136
Source: CVRMLS,MLS#: 2620559
Originating MLS: Central Virginia Regional MLS
Originating MLS: Central Virginia Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Description: Ceiling Fan, Carpet, Renovated Bath
- Level: First
- Dimensions: 15.4 x 13.5
Bedroom 2
- Description: New Carpeting, Fresh Paint
- Level: First
- Dimensions: 12.6 x 10.3
Bedroom 3
- Description: New Carpeting, Fresh Paint
- Level: First
- Dimensions: 11.8 x 11.5
Bedroom 4
- Description: New Flooring, Half Bath
- Level: Second
- Dimensions: 19.0 x 16.0
Dining room
- Description: Hardwood Flooring
- Level: First
- Dimensions: 13.8 x 11.6
Florida room
- Description: Vaulted Ceilings, Surround Windows, Opens to Deck
- Level: First
- Dimensions: 15.6 x 11.9
Other
- Description: Tub & Shower
- Level: First
Half bath
- Level: Second
Kitchen
- Description: Granite, Island, Renovated
- Level: First
- Dimensions: 15.0 x 10.0
Laundry
- Description: Located next to kitchen & Garage
- Level: First
- Dimensions: 9.0 x 7.0
Living room
- Description: Vaulted Ceilings, Hardwood Flooring
- Level: First
- Dimensions: 24.6 x 15.6
Heating
- Electric, Floor Furnace, Heat Pump, Other
Cooling
- Electric, Zoned
Appliances
- Included: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Smooth Cooktop, Water Purifier
Features
- Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Eat-in Kitchen, Granite Counters, Kitchen Island, Main Level Primary, Pantry, Walk-In Closet(s)
- Flooring: Carpet, Wood
- Basement: Crawl Space
- Attic: Floored,Walk-In
Interior area
- Total interior livable area: 2,310 sqft
- Finished area above ground: 2,310
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Unpaved
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Deck
- Exterior features: Deck, Storage, Shed, Unpaved Driveway
- Pool features: None
- Fencing: None
Lot
- Size: 2.62 Acres
- Features: Cul-De-Sac, Landscaped, Level
- Topography: Level
Details
- Parcel number: 20614
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
Condition
- Resale
- New construction: No
- Year built: 2001
Utilities & green energy
- Electric: Generator Hookup
- Sewer: Other, Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: East River Estates
HOA
- Has HOA: Yes
- HOA fee: $200 annually
Location
- Region: Mathews
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $315,100
- Annual tax amount: $1,953
- Date on market: 7/27/2026
- Ownership: Individuals
- Ownership type: Sole Proprietor
Estimated market value
$524,600
$498,000 - $551,000
$3,133/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $535,000-2.7%$232/sqft |
Source:  CVRMLS #2620559 Report a problem | ||
| 7/28/2026 | Listed for sale | $550,000+93%$238/sqft |
Source: CVRMLS #2620559 Report a problem | ||
| 6/15/2020 | Sold | $285,000-5%$123/sqft |
Source: Chesapeake Bay & Rivers AOR #1925388 Report a problem | ||
| 3/30/2020 | Price change | $299,950-6.3%$130/sqft |
Source: Isabell K. Horsley Real Estate #1925388 Report a problem | ||
| 8/7/2019 | Listed for sale | $320,000$139/sqft |
Source: Isabell K. Horsley Real Estate #1925388 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,891 +7.1% | $315,100 |
| 2024 | $1,765 | $315,100 |
| 2023 | $1,765 +4.7% | $315,100 +19.6% |
| 2022 | $1,686 -0.8% | $263,400 |
| 2020 | $1,699 +12.2% | $263,400 |
| 2018 | $1,515 | $263,400 |
| 2017 | $1,515 | $263,400 |
| 2015 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 23109
Nearby schools
Schools provided by the listing agent
- Elementary: Mathews
- Middle: Thomas Hunter
- High: Mathews
Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $549,9004 bd4 ba1.8k sqft764 Lovers Ln, Mathews, VA 23109For Sale
MLS ID #10628783, Shannon French. REIN Inc. - $595,0003 bd2 ba1.8k sqft315 Woodas Creek Rd, Mathews, VA 23109For Sale
MLS ID #10647663, Steven Enoch. REIN Inc. - $574,9003 bd3 ba2.4k sqft175 Heron Point Rd, Cardinal, VA 23025For Sale
MLS ID #10646961, Candace Segalini. REIN Inc. - $589,0004 bd3 ba3k sqft353 N End Ests, North, VA 23128For Sale
MLS ID #10648451, Lauren Smith. REIN Inc.
